Friday, 3rd February 2023
<To guardian.ng
Search

Crypto tycoon Sam Bankman-Fried pleads not guilty to fraud

The judge has tentatively set the trial for the founder of the now-bankrupt FTX crypto exchange for October 2. Bankman-Fried was also barred from accessing FTX or Alameda Limited assets, as a new bail condition.

Related

26 Aug
Germany's Scholz testifies at fraud inquiry: DW's Melinda Crane
2 Sep
Following in her husband's footsteps, the wife of the former Malaysian prime minister has been found guilty of graft. Najib Razak has already begun his 12-year jail sentence.
4 Sep
The sentence adds to the prison time the former leader is already serving following a number of other convictions, including corruption. The latest ruling could see her party disbanded ahead of next year's election.
18 Sep
Briton Sanjay Shah is accused of running a scheme to make double tax reclaims in Denmark worth $1.7 billion. The so-called Cum-Ex scandal has been investigated for years in several European countries.
17 Oct
Paris St Germain and Brazil soccer star Neymar Jr. arrived in Barcelona’s High Court on Monday where he and eight others will stand trial charged with fraud and corruption over the player's transfer to Barcelona from Santos in 2013.
25 Oct
Trump Organization's tax evasion trial has kicked off. The number one task in the proceeding is picking a neutral jury.
13 Nov
A UN-backed court in the Central African Republic said the three accused militiamen showed no remorse over the attacks which killed 46 civilians.
5 Nov
David DePape's lawyer told a California court he would be looking into the suspect's mental state. The 42-year-old nudist activist will remain in custody without bail.
13 Nov
During the US midterm elections, not everything went smoothly for voters in Maricopa County, Arizona. In the early hours of Election Day, at least 20 percent of voting machines in the county experienced technical problems. Right-wing media and angry voters were quick to spread misinformation on the issue. We tell you more in this edition of Truth or Fake.
23 Nov
Police allege two men defrauded hundreds of thousands of people between 2015 and 2019. A joint US and Estonian operation to catch the suspects involved more than 100 police officers and around 15 FBI agents.
11 Dec
Former FTX Chief Executive Sam Bankman-Fried apologized Wednesday for a “lot of mistakes” in the abrupt collapse of the cryptocurrency firm and said he did not knowingly behave fraudulently.
1 Dec
It's the biggest legal consequence so far in the wake of the January 6 insurrection. Stewart Rhodes, who heads the Oath Keepers militia, has been found guilty of seeking to keep Donald Trump in power by carrying out a mob attack on the US Capitol. A conviction on sedition is very rare and carries a maximum penalty of 20 years in jail. We take a closer look.